GBPUSD: Wedge breakout

Bullish:Currently we are at 1.2818 in a wedge and a corrective move. We are looking for a move to the R3 @ 1.2870 and then a continuation to the ATR Target @ 1.2912 area.The average daily true range (ATR) for the pair currently is 96 pips.WATCH THE USDX for more clues.


Read More
Comments

GBPAUD: Range breakout

Bearish:Currently we are at 1.6672 in a channel trying to break a range.We are looking for a move to the ATR Target @ 1.9358 and then a continuation to the S6 support @ 1.9222 area.The average daily true range ...

Read More
Comments

$EURAUD: Last push?

Bullish: Currently we are at 1.6672 in a range. We are looking for one more move to the ATR Target @ 1.6726 and then a pullback to the slope support @ 1.1650 area.. The average daily true range (ATR) for ...

Read More
Comments

USDJPY: back to the top?

Bullish:Currently we are at 110.45 in a range.We are looking for one more move to the ATR Target @ 110.76 and then a continuation later to the range top @ 112.09 area..The average daily true range (ATR) for the ...

Read More
Comments

GBPJPY: back to the top?

Read More
Comments

EURJPY: reversal?

Bearish:Currently we are at 120.45 in a range.We are looking for an initial move to the ATR Target @ 120.13 and then a continuation later to the range bottom @ 118.45 area..The average daily true range (ATR) for the ...

Read More
Comments

AUDJPY: reversal?

Bearish:Currently we are at 74.13 in a range.With negative employment rate (-5.3) as a catalyst, we are looking for an initial move to the ATR Target @ 73.64 and then a continuation later to the range bottom @ 72.45 ...

Read More
Comments

GBPAUD: Decision time?

Waiting:Currently we are at 1.9423 at the bottom of a channel in a range.Two scenarios: Bullish:a bounce and a move to the ATR target @ 1.9624 area 2: Bearish: A break down here to the 1.9217 support area. The ...

Read More
Comments

AUDCHF: Channel Break?

Bearish:Currently we are at 0.6561 with a breakout of a channel in a range.We are looking to continuation to the ATR target @ 0.6525 and then on to the day chart support @ 0.6503. Look for a possible continuation ...

Read More
Comments

GBPJPY: Continuation?

Bullish:Currently we are at 142.67 in a range.We are looking to do a small pullback here and then a continuation to the ATR target @ 143.32. The average daily true range (ATR) for the pair currently is 118 Pips. ...

Read More
Comments

GBPUSD: Bounce?

Read More
Comments

GBPJPY: Breakout?

Bullish: Currently we are at 141.99 in a range. We are looking for a continuation to the ATR target @ 142.55 and then a continuation to the top @ 143.50 area. The average daily true range (ATR) for the pair ...

Read More
Comments